MAS should adopt higher-profile approach to enforcement - being feared is not a bad thing
Perpetrators of the kind of wrongdoing that may have happened at Noble, Hyflux and EHT naturally cultivate willing enablers
Add BT as a preferred source
Investors who lost money when Noble Group imploded some years ago might have been heartened to learn this past week that the Monetary Authority of Singapore (MAS) expects investigations into the once-high-flying commodities supplier to reach a conclusion in the third quarter this year.
This welcome piece of news was included in the latest MAS Enforcement Report, under a new section that provides updates on major ongoing cases.
Besides Noble, the report provided updates on 2 other cases related to the local stock market. MAS said it is now working closely with the Attorney-General’s Chambers reviewing evidence in the Hyflux case.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature
